On Friday July 10, Vice President Joe Biden reinforced the importance of overhauling the American Health Care system. He warned that if America's small business owners don't act now, there could be catastrophic results for the private insurance sector. He stated that health care reform is the "foremost economic and moral issue that this administration is determined to deal with." He noted that employer-provided health insurance premiums have doubled in the past nine years, rising three times faster than these employee's wages.
The vice president's comments come a day after conservative House Democrats aka "Blue Dogs" put a halt to health care legislation by submitting a signed letter stating that the bill lacks the proper structure to fix the issues of the health care system in the United States. During Vice President Biden speech, House Speaker Nancy Pelosi met with the members of the Blue Dogs Coalition to discuss the details of the bill. In the letter and in the meeting, the conservative Democrats stressed they do not want a "Medicare-like" structure for the public health care option. "What we are saying is - if there is a public option, it can't be based on Medicare rates unless the regional disparity in Medicare rates is fixed."
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